Over the past week, the banking and financial services sector has regained strong momentum. In calendar year 2025 so far, the Bank Nifty and Nifty Financial Services indices have delivered impressive gains of over 8% and 12%, respectively, significantly outperforming the Nifty 50 benchmark, which has returned just 2.5%. We had earlier mentioned that private … Read more
Markets saw a sharp rebound this week, climbing over 4.5% in the holiday-shortened week, driven by upbeat cues from both domestic and global fronts. Benchmark indices kicked off the week with a strong gap-up opening and sustained the momentum in subsequent sessions. As a result, the Nifty and Sensex closed near their weekly highs at … Read more
In the previous technical note, it was categorically mentioned that it would be crucial to see if Nifty can keep its head above 18600 levels to extend and confirm the breakout that it has attempted. This being said, despite a strong relative outperformance from the Nifty Bank Index, the Nifty has delayed its breakout as … Read more
Nifty’s trading range remained wider than usual during the week gone by, but it took a serious cut on Friday’s session. Despite that, the index managed to close the week on a positive note. In the previous weekly note, we had mentioned that Nifty was trading inside the Falling Channel that it had created, and … Read more